I mean this as a legit question.
My 2003 S only has 26,000 miles on it (Not a daily driver until now). I expect to put a lot mre miles on it in the near future. After reading this site, and many others, I first got a little paranoid about the IMS bearing failure. However, the more I read, the more it looks like it is about a 1-4% failure rate. Sure when it fails it REALLY sucks, but it is not that common.
So now this thread is talking about a class action case and I just can't see that holding up. At worst let's say the 4% is the actual failure rate. How many products in the world have a greater failure rate than that? Honestly?!
We choose to drive expensive cars. They are not the most expensive out there, but if you don't want high cost maintenence or repairs, buy a Ford Fusion. I would be willing to bet they have a 4% failure rate on a major component. And I am a Ford guy (other than my Porsche). My wife had a 1995 (I think) Town & Country Mini van. The transmission went out at 38,000 miles (2,000 after warranty of course). Looked around the tranny shop and there were a ton of dodge/chrysler mini vans. No class action though.
Here is a quick internet search on failure rates, all above the Boxster IMS:
Repair rates for 3- to 4-year-old products.
Product Repair Rate
Laptop computer 43%
Refrigerator: side-by-side, with icemaker and dispenser 37
Rider mower 32
Lawn tractor 31
Desktop computer 31
Washing machine (front-loading) 29
Self-propelled mower 28
Vacuum cleaner (canister) 23
Washing machine (top-loading) 22
Dishwasher 21
Refrigerator: top- and bottom-freezer, w/ icemaker 20
Gas range 20
Wall oven (electric) 19
Push mower (gas) 18
Cooktop (gas) 17
Microwave oven (over-the-range) 17
Clothes dryer 15
Camcorder (digital) 13
Vacuum cleaner (upright) 13
Refrigerator: top- and bottom-freezer, no icemaker 12
Range (electric) 11
Cooktop (electric) 11
Digital camera 10
TV: 30- to 36-inch direct view 8
TV: 25- to 27-inch direct view 6
*
SquareTrade
So enjoy the ride!